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  • 📰 U.S. CRUDE FUTURES FALL MORE THAN $2 A BBL ON OPEC+ OUTPUT INCREASE PLANS AND TRUMP TARIFFS
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📰 U.S. CRUDE FUTURES FALL MORE THAN $2 A BBL ON OPEC+ OUTPUT INCREASE PLANS AND TRUMP TARIFFS

March 5, 2025
Frank

U.S. CRUDE FUTURES FALL MORE THAN $2 A BBL ON OPEC+ OUTPUT INCREASE PLANS AND TRUMP TARIFFS

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📰 U.S. S&P GLOBAL FEBRUARY FINAL SERVICES PMI AT 51.0 (VS FLASH 49.7) U.S. S&P GLOBAL FEBRUARY FINAL COMPOSITE PMI AT 51.6 (VS FLASH 50.4)
📰 PRO-BITCOIN SENATOR DOESN’T THINK TRUMP’S BITCOIN STRATEGIC RESERVE WILL HAPPEN SOON President Trump’s proposal for a U.S. strategic bitcoin reserve has gained traction among some crypto-friendly U.S. Congress members, though its near-term feasibility is questioned. Wyoming GOP Sen. Cynthia Lummis, who introduced the bill, admits congressional support is lacking. At the Bitcoin Investor Day in NYC, she noted resistance even from fellow Republicans, quoting House Banking Committee Chairman Tim Scott suggesting a delay, highlighting insufficient readiness as the main obstacle.

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